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Weekly Watchlist 5/31/2011 – 6/3/2011: OPK/KIWB/OTGI/TBBC

Opko Health (OPK – $3.77) ~ Insider Buying — CEO Dr. Phillip Allan Gamma has been on a rampant buying spree of his companies shares. On 5/19/2011, he bought $134,000 worth of stock at $3.80 per share. Resistance lies around … Continue reading

Stockhaven @ the close 5/27/2011

After initially starting the trading out with rather strong gains, the major indexes closed relatively weak. It was a wish washy day on the economic front as pending home sales for April plummeted while consumer sentiment rose to its highest … Continue reading

Stockhaven @ the bell 5/27/2011

With no shortage of U.S. economic data out today, traders will get more insight into what the market is thinking. Traders should pay especially close to the 1,328 level on the S&P500, that was the high for the day Thursday. … Continue reading

Stockhaven @ the close 5/26/2011

Well, similar to yesterday the bad news got bought as the markets shrugged off disappointing data on jobless claims and GDP. We think this is further evidence of both a technical rally in a short-term oversold market, as well as … Continue reading

Stockhaven @ the close 5/25/2011

We must admit, we were completely caught off guard by today’s modest rally in the market. Durable goods orders in the U.S. decreased 3.6% which was worse than expected. On top of that, home prices fell at their fastest pace … Continue reading

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